La Hoyada 23 de marzo is the name of an association of 17 women who carry out many activities in order to survive. It is a great sacrifice, but is the only way in which to earn a living and to meet the demands of being the mother of a family.

Bread, crafts, textiles, knitting, socks, perfumes and baby clothes and toys are some of the the products on offer, sold by walking around in markets and squares in the city of El Alto.

They all work every season of the year, and this is why this group would like capital to invest in their businesses so that they can vary and increase their wares by satisfying the current demand, and thereby earning the money they so desperately need.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

A portion of La Hoyada 23 De Marzo Group's $3,000 loan helped a member this member group needs capital to invest in their businesses so that they can vary and increase their wares so that they can satisfy current demand and in this way earn more than they spend / este grupo de socias precisan de capital para invertir en sus negocios y poder variar e incrementar sus mercaderías con el fin de satisfacer la demanda existente, de esta manera generar sus ganancias que tanta falta deshace.